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UK: Relax rules on cheap housing for the poor, says Shapps

Posted on 24 August 2012

Rules forcing all property developments to include cheap housing for the poor should be relaxed, Grant Shapps, the housing minister, has said. The minister said Britain already spends “an awful lot of money” on affordable housing and more must be done to kick-start the property rental market.
He said new rental developments without cheap housing are better than no new homes at all. His comments come after a new report from Sir Adrian Montague, a top businessman, warned graduates and young professionals face a shortage of private rented property………………………………………..Full Article: Source


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